Weekly Cardano (ADA/USDT) Analysis - Fibonacci and Reversal Predictions
Cardano is currently trading at $0.6626 and shows signs of stability above a key support area, aligning with the 0.786 Fibonacci retracement level - a historical reversal level.
📈 Upside Targets:
$1.0463 $1.2145 $1.3984
🔻 Support Area: ~ $0.58–$0.61 (Critical area to invalidate)
Weekly Forecast for the #XRP/USDT Pair The XRP pair has broken the downward channel and is now consolidating above a key structure - the bullish trend is still intact. The optimal entry level is at $1.85 in case of a retest, providing an excellent return/retracement ratio. 🎯 Target 1: $2.9520 🎯 Target 2: $3.3967 🎯 Target 3: $3.8767 The structure remains bullish - dips are buying opportunities! 🚀
Daily forecast for the #SOL/USDT pair. The $SOL pair has successfully reclaimed the main demand zone at $141.19, forming a double bottom structure. The breakout from the consolidation zone indicates a renewed bullish momentum. 🔥 🟢 The price shows signs of a V-shaped recovery - sustaining above $152 may trigger acceleration. 🎯 Short-term outlook: Bullish 🎯 Invalidating structure below: $141.19
🔴 The OM currency is collapsing horribly, reminiscent of the LUNA currency, and now news and rumors say that the currency team sold all their quantities and exited the market.
🔴 Thank God the currency project is forbidden; the currency lost 3.5 billion USDT.